Write a research report on ERP solutions for mid-size business organizations. Your report should include: a description
Question:
•a description of Oracle key ERP systems
•a description of each ERP
•a list and description of each associated models
•the intended purpose of each ERP and model(s)
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Oracle ERP solutions Oracle is a world leading company in enterprise software Through various inventions developments and acquisitions Oracle has been building incredible business software applications that are in a position of complementing the infrastructure systems as well as strengths of databases of firms According to statistics the company supports about 65000 customers The company mainly offers ERP solutions for mediumsized organizations For example it has invested and developed several enterprise resource planning ERP product lines including JD Edwards Enterprise One OracleEBusiness Oracle Fusion Applications and PeopleSoft Enterprise In this paper I am going to discuss in detail the above four Oracle key enterprise resource planning systems Oracle Key ERP Systems JD Edwards Enterprise One JD Edwards Enterprise One is one of the Financial Management of Oracles product lines The component is flexible in that it can serve any size of business It is also horizontal meaning that it is designed in a way to serve the needs and demands of different vertical markets In other words this solution is scalable and therefore it quickly adapts as a firm grows JD Edwards Enterprise One uses Oracle Technology Foundation This is a package of various integrated products The integrated products allow implementation as well as maintenance of the system applications The foundation also comprises of and JDE Enterprise One tools Oracle Database 11g and Oracle Fusion Middleware As a financial management program JD Edward Enterprise One offers applications for expense management fixed asset accounting financial management and compliance accounts receivable accounts payable general ledger and advanced cost accounting The amazing thing about the solution is that it can support multiple currencies and languages The program is also recommended simply because it also supports the requirements of International Financial Reporting Standards IFRS It does this by having capabilities including inventory costing and asset componentization methods OracleEBusiness Oracle EBusiness is one of the most comprehensive Oracle ERP solutions It consists of integrated performance management tools productivity tools and standardized processes that enable businesses to manage their financial Most companies are using Oracle EBusiness in asset lifecycle management financial analytics supply chain management value chain planning lease and financial management advanced procurement risk and compliance and in cash management As a global ERP program OracleEBusiness helps organizations in making informed decisions increasing performance and reducing costs It also helps customers in managing the complexities that emanate from international or global business environments regardless of the size of an organization Oracle plans on advancing this ERP solution so that it can continue protecting the value of clients investment in software Oracle Fusion Applications Just like OracleEBusiness Oracle Fusion Applications is also a comprehensive enterprise software solution It has May modules that cater for the different functionalities of businesses Some of the modules include HCM and CRM Others are Supply Chain Management SCM Governance Risk and Compliance GRC and applications for procurement and financials Oracle 2011 The users of Oracle Fusion Applications can choose one or more of the modules mentioned above and run them in either their cloud computing environment or data centers Oracle Fusion Applications is being utilized in human resource management portfolio management procurement management governance compliance and risk management customer relationship management supply chain management and most importantly management of inflow and outflow of cash in business The program also offers various business intelligence capabilities including data mining sales forecasting prediction and trending unified analytic calculations and definition and dashboards that are rolebased alongside with consistent navigation and security Oracle 2011 PeopleSoft Enterprise Oracles PeopleSoft Enterprise is a performance management ERP solutions that enable businesses to achieve what I can refer to as worldclass performance This is by aligning the right resources and information to the strategic business objectives The program also offers managements solutions essential in budgeting and managing performance cycles Through the application ...View the full answer
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